VICI Properties (NYSE:VICI) Earns “Market Outperform” Rating from JMP Securities

VICI Properties (NYSE:VICI)‘s stock had its “market outperform” rating reissued by investment analysts at JMP Securities in a report issued on Monday,Benzinga reports. They currently have a $35.00 price target on the stock. JMP Securities’ price objective indicates a potential upside of 16.59% from the company’s previous close.

VICI has been the subject of several other reports. Mizuho decreased their target price on VICI Properties from $33.00 to $30.00 and set an “outperform” rating for the company in a research report on Wednesday, January 8th. Wedbush cut shares of VICI Properties from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $36.00 target price (up previously from $33.00) on shares of VICI Properties in a research note on Tuesday, October 1st. KeyCorp reissued a “sector weight” rating on shares of VICI Properties in a research report on Tuesday, December 17th. Finally, Truist Financial lowered their price objective on shares of VICI Properties from $40.00 to $35.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, VICI Properties presently has an average rating of “Moderate Buy” and a consensus target price of $34.33.

VICI Properties Stock Down 1.7 %

NYSE:VICI opened at $30.02 on Monday. The company has a quick ratio of 2.61, a current ratio of 2.61 and a debt-to-equity ratio of 0.63. VICI Properties has a 12-month low of $27.08 and a 12-month high of $34.29. The stock’s fifty day simple moving average is $30.24 and its 200-day simple moving average is $31.52. The firm has a market capitalization of $31.65 billion, a P/E ratio of 11.12, a P/E/G ratio of 3.76 and a beta of 0.94.

Hedge Funds Weigh In On VICI Properties

A number of large investors have recently bought and sold shares of VICI. Wilsey Asset Management Inc. grew its holdings in shares of VICI Properties by 3.3% in the 4th quarter. Wilsey Asset Management Inc. now owns 940,416 shares of the company’s stock valued at $27,470,000 after acquiring an additional 30,095 shares in the last quarter. Kestra Private Wealth Services LLC grew its stake in VICI Properties by 67.8% in the fourth quarter. Kestra Private Wealth Services LLC now owns 33,395 shares of the company’s stock valued at $975,000 after purchasing an additional 13,491 shares in the last quarter. Wilmington Savings Fund Society FSB increased its position in shares of VICI Properties by 57.2% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 5,876 shares of the company’s stock worth $172,000 after purchasing an additional 2,138 shares during the last quarter. Apollon Wealth Management LLC raised its stake in shares of VICI Properties by 30.0% during the 4th quarter. Apollon Wealth Management LLC now owns 14,890 shares of the company’s stock worth $435,000 after purchasing an additional 3,438 shares in the last quarter. Finally, Lecap Asset Management Ltd. boosted its holdings in shares of VICI Properties by 38.9% in the 4th quarter. Lecap Asset Management Ltd. now owns 100,608 shares of the company’s stock valued at $2,939,000 after buying an additional 28,158 shares during the last quarter. Institutional investors and hedge funds own 97.71% of the company’s stock.

VICI Properties Company Profile

VICI Properties Inc is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip.